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20121202
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for around $50 billion to aid states ravaged by superstorm sandy. a partisan battle could ensue over the request. it falls short of the combined $82 billion sought for rebuilding efforts in new york, new jersey, and connecticut. a new federal study has found that the practice known as fracking can cause earthquakes. oil and gas operations caused the majority if not all earthquakes in certain areas of new mexico and colorado between 2001 and 2011. the report's co-author called fracking is as high risk that we need to be considering. washington state put into effect two news laws today with major national significance. as of midnight, possession of up to 1 ounce of marijuana is now legal in washington state, following the approval of a state ballot initiative last month. in enacting the measure, washington is the first state to decriminalize recreational marijuana use and the first to do so anywhere by popular vote. meanwhile, same-sex marriage is also now legal in washington as of midnight after also having been approved by voters on election day one month ago. those are some of the h
person. he said during hurricane sandy, the agent lives in connecticut, jovan texted him to make sure the agent's family was doing all right in the hurricane. he said it's absolutely out of character for something like this to happen. no previous run-ins with the law that anyone's aware of. so just a lot of shock here, randi. >> and the child, the couple's child, that child was home at the time, right? who is caring for that child now? >> reporter: yeah, the child was at the home with kasandra perkins and jovan at the time of the shooting. his mother was actually, according to the neighbor, his mother had actually been in town for a couple of weeks for the holidays, and we understand that the child and the mother witnessed the shooting, called 911 after belcher shot kasandra perkins and she is now with the child at another location. they, of course, are away from the home now. >> what a tragedy. casey wein, our thanks to you. appreciate that. the kansas city chiefs released a statement following the incident. it reads in part, the entire chiefs family is deeply saddened by today's eve
as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at where pxp, that being the ticker symbol in
about the controversy. >>> superstorm sandy victims ripping into female. fema. wait until you hear that next. it's coming up. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. y'know, holiday shipping's easy with priority mail flat rate boxes from the posl service. if it fits, ithips anywhere in the couny for a low flat rate. yeah, i know. oh, you're good. laughing ] good luck! [ male announcer ] priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which lis
'm going to tell you, it caught me by surprise. most people thought that hurricane sandy would have some sort of effect on these numbers and the labor department is telling us that sandy did not have an impact on these numbers. they looked across the country and in this region and the surveys were within normal range. they don't think it had an affect here. 12 million people unemployed. 40% of those have been unemployed for six months or longer. that's still a problem, don. to the right of your screen, 14.4% underemployment. some people call that the real unemployment rate. means a lot of people are still hurting or have been left out of the market. clearly you do have an improving situation here, improving but still leaving some people behind. this is what the trend looks like. this is the big drought of jobs, financial crisis here, slow attempt to get out of the hole. we want to see 150,000 jobs created or so every month to keep up with the growth in the population of the united states, working age population. you can see the last three months a little bit of an advance each of those m
Search Results 0 to 4 of about 5